Roubini: 6-Million Job Losses in 2009

My amigo Nouriel Roubini is saying that the U.S. could see 6-million job losses in 2009. Lengthy interview follows:


  1. To be a bear, is it a conviction or a marketing trick? Like your other amigo Greenberg, is he bullish on something, ever? Perhaps on his new gig? There are always these symbolic charachters who proclaim bull market and others proclaim bear market. So one dimensional…

    For sure things are terrible, but as always there are tremendous opportunities in the wreckage and not only for people with cash but for people with brains also. In fact I don't think there have been such an opportunity to leverage smarts into dollars ever in our lifetime.